Looking for a simple refinance definition? Look no further: refinancing is simply the process of taking out a new loan to replace your old loan. People usually refinance when there is an opportunity to save money over the long-term, such as when there are better terms...
Property assessment refers to the act of determining the market value of your property for the purpose of assessing your property tax. Your local government office determines the value of your property annually so they can assess the tax on your property. These tax...
The process of getting a mortgage and shopping for the best deal may seem difficult. However, there are many tools available that make this process much easier. One of those tools is a mortgage loan calculator. Mortgage loan calculators provide a great way to estimate...
So what is property tax? Answer this: do you own any land, an automobile, machinery, or equipment? Most of us own at least one of these, and all of them are taxed by our local municipalities every year. If you drive past some road construction, that is an example of...
Gaining FHA approval for your condos takes a good bit of effort. You’ll be dealing with numerous departments within the Federal Housing Administration to increase your pool of potential buyers. Do remember that the FHA does not actually give loans, they simply...
Utilizing a professional while purchasing a home has many advantages. They are convenient and help to make the home buying process as quick and easy as possible. A common professional that can help with the purchasing of a home is a mortgage broker. This article is...
